New eastridge development to add over 2,400 homes to princeton, texas' residential offering

Princeton, texas, jan. 05, 2021 (globe newswire) -- green brick partners inc. in partnership with meritage homes, has closed on the purchase of approximately 2,400 homesites with a total build-out value of circa $640 million for the development of eastridge, princeton, texas' newest residential community. the community will be a 50/50 partnership between meritage homes and trophy signature homes, a subsidiary of green brick partners. the 547-acre community will feature a mixture of 40', 50', and 60' single-family homesites.
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